payments to be made from the Sales Trust Account are: -

Trust Bank Account $ 218,000.00 Debit

1. Grant to Jan 50, 000.00 Credit

The sale of 50 Rockdale Street, Rockdale regarding Grant to Jan was settled and the vendor's solicitor requested the deposit to be released after commission had been deducted. The commission amounted to $1, 800.

question: how much is the balance of the funds? how much is the amount ? how to caculate them

2.

Moore - Auction expenses 10,500.00 Credit

Funds held on behalf of T Moore were for advertising. Paid Pleasure News from this amount, the sum of $850.

question: how much is the balance of the funds? how much is the amount ? how to caculate them

3.

SCENARIO 2

Trust Bank Account $ 11,380.00 Debit

Turner (owner) 4,000.00 Credit

F Moore(owner) 3,000.00 Credit

T Oaks (owner) 2,900.00 Credit

Rental Bond Suspense 1, 480.00 Credit

The payment transactions are

1. 7/5 Paid N Harris for plumbing on behalf of T Oaks $ 160 for property at 2/65 Martin Street.

Paid outstanding amount due to Rental Bond Board

question: how much is the debit, credit and the balance? write the caculate detail.

2. 25/ 5 Paid water rates to City Water for properties owned by

Fred Turner $450

Frank Moore $400

Settled with L Turner. Property Management fees inclusive of GST are $308.00

question: how much is the debit, credit and the balance? write the caculate detail

3. 30/5 Settled property management accounts.

Moore Management fee $160

Oaks Management fee $90

question: how much is the debit, credit and the balance? write the caculate detail